In this week's episode of the Hotspotting podcast, Terry looks at the impact tighter Government regulations have had on foreign investment and housing affordability in the Australian property market.

He covers in this episode:

• Why the housing affordability issue is playing out like an episode of the popular British sitcom Yes Minister.
• Findings from the latest report from the Foreign Investment Review Board (FIRB) which shows the value of foreign residential approvals dropped 65% between FY2016 and
• FY2017, due largely because of stricter government controls in both China and Australia.
• Why the likely outcome is a downturn in residential unit development, particularly on the Gold Coast, Melbourne and Sydney.
• Why Government over regulation on foreign investment is going to have a significant negative impact on the affordability of unit dwellings for younger buyers
• The need to understand the process of unit developments and why there is a strong need for foreign investors to contribute to pre-sale targets in order for developers to get the finance required.